With several years of the freeze remaining, an increasing number of families will find themselves needing to pay often hefty IHT bills. While the IHT-free thresholds have been fro ...

ANSWER: The problem that you encountered in the last tax year was almost certainly due to you being on the wrong tax code.

Holly Willoughby ’s media company, Roxy Media, owes £377,000 in unpaid taxes, the High Court has heard. The media production ...

The last decade has seen multiple layers of complexity added to Stamp Duty Land Tax (SDLT) on residential purchases, leaving ...

A P45 contains numerous details. This includes details of your former employer, National Insurance number, tax code, gross ...

Move is part of a wider effort to plug ‘tax gap’ - the difference between what the government is owed and what it actually ...

Millions of state pensioners born after 1951 are set to pay tax to HMRC. HMRC says the Personal Allowance is set to remain at £12,570 until the 2028/29 financial year. This could see over four ...

It does not necessarily reflect the view of The Herald. Thousands more people will now have to pay tax on their State Pension. From this week (April 6 2025, to be precise) the full new state ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of ...

The 63-year-old grandmother owed £56,540 in inheritance tax after her father died in September 2020. She and her two brothers settled the bill with HM Revenue & Customs (HMRC) in early 2021.

Savers are being urged to act swiftly or face potential fines from HMRC, following revelations that a large number may owe tax without realising it. With interest rates on savings accounts having ...